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AS Harju Elekter (OTSE:HAE1T) E10 : €0.42 (As of Mar. 2024)


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What is AS Harju Elekter E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

AS Harju Elekter's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.42 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -0.80% per year. During the past 5 years, the average E10 Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of AS Harju Elekter was 5.00% per year. The lowest was -3.00% per year. And the median was 0.45% per year.

As of today (2024-06-05), AS Harju Elekter's current stock price is €4.82. AS Harju Elekter's E10 for the quarter that ended in Mar. 2024 was €0.42. AS Harju Elekter's Shiller PE Ratio of today is 11.48.

During the past 13 years, the highest Shiller PE Ratio of AS Harju Elekter was 20.76. The lowest was 9.00. And the median was 12.05.


AS Harju Elekter E10 Historical Data

The historical data trend for AS Harju Elekter's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AS Harju Elekter E10 Chart

AS Harju Elekter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.42 0.44 0.41 0.41

AS Harju Elekter Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.41 0.42 0.41 0.42

Competitive Comparison of AS Harju Elekter's E10

For the Electrical Equipment & Parts subindustry, AS Harju Elekter's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AS Harju Elekter's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AS Harju Elekter's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AS Harju Elekter's Shiller PE Ratio falls into.



AS Harju Elekter E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, AS Harju Elekter's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.02/131.7762*131.7762
=0.020

Current CPI (Mar. 2024) = 131.7762.

AS Harju Elekter Quarterly Data

per share eps CPI Adj_EPS
201406 0.340 100.560 0.446
201409 0.180 100.428 0.236
201412 0.020 99.070 0.027
201503 0.001 99.621 0.001
201506 0.090 100.684 0.118
201509 0.090 100.392 0.118
201512 0.000 99.792 0.000
201603 0.020 100.470 0.026
201606 0.090 101.688 0.117
201609 0.050 101.861 0.065
201612 0.020 101.863 0.026
201703 1.430 102.862 1.832
201706 0.060 103.349 0.077
201709 0.100 104.136 0.127
201712 0.060 104.011 0.076
201803 0.010 105.290 0.013
201806 0.060 106.317 0.074
201809 0.001 106.507 0.001
201812 0.020 105.998 0.025
201903 0.010 107.251 0.012
201906 0.050 108.070 0.061
201909 0.080 108.329 0.097
201912 0.010 108.420 0.012
202003 0.040 108.902 0.048
202006 0.110 108.767 0.133
202009 0.100 109.815 0.120
202012 0.060 109.897 0.072
202103 0.020 111.754 0.024
202106 0.030 114.631 0.034
202109 0.050 115.734 0.057
202112 0.040 117.630 0.045
202203 -0.070 121.301 -0.076
202206 -0.180 125.017 -0.190
202209 0.080 125.227 0.084
202212 -0.140 125.222 -0.147
202303 0.040 127.348 0.041
202306 0.050 128.729 0.051
202309 0.180 129.860 0.183
202312 0.010 129.419 0.010
202403 0.020 131.776 0.020

Add all the adjusted EPS together and divide 10 will get our e10.


AS Harju Elekter  (OTSE:HAE1T) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

AS Harju Elekter's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.82/0.42
=11.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of AS Harju Elekter was 20.76. The lowest was 9.00. And the median was 12.05.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


AS Harju Elekter E10 Related Terms

Thank you for viewing the detailed overview of AS Harju Elekter's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


AS Harju Elekter (OTSE:HAE1T) Business Description

Traded in Other Exchanges
Address
Paldiski maantee 31, Keila, EST, 76606
AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

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